ST Engineering’s Cybersecurity Solutions Gains Global Recognition

ST Engineering’s DigiSAFE DiskCrypt M10 has received the CES 2019 Innovation Awards Honoree (Cybersecurity and Personal Privacy category) for its outstanding product design and engineering. The DigiSAFE DiskCrypt M10 is the world’s first ultra-slim encrypted data storage with two-factor authentication and hardware-based full disk encryption. Developed by the Cybersecurity business at the company’s electronics sector, the product enables highly secured data transfer within organisations, government agencies and critical infrastructures.

“It is an honour to be recognised globally as a leading developer of innovative technologies. Our ability to be deeply attuned with the global threat landscape and respond with innovative solutions that help global clients has enabled us to stay ahead in the fast-evolving cybersecurity industry. Our deep engineering expertise and indigenous capabilities give us the edge to enhance customer satisfaction, gain market share and win in a highly competitive marketplace,” said Mr Lau Thiam Beng, President of Cyber Security Systems Group, Electronics, ST Engineering.

DigiSAFE DiskCrypt M10 will be exhibited at the Innovation Awards Showcase at the upcoming CES 2019 in Las Vegas.

Expanding global reach into Sri Lanka and Vietnam

ST Engineering’s DigiSAFE range of products and solutions has been gaining traction in new markets. Its DigiSAFE Data Diode solution will be deployed for Electricity of Vietnam, the country’s largest power company in a pilot programme, and was selected over several global competing solutions. The DigiSAFE Data Diode solution protects the Supervisory Control and Data Acquisition, also known as control systems of industrial sectors and critical infrastructure such as transportation, energy and water treatment. The one-way data transmission solution enables the secure transfer of data from the industrial control systems to corporate information technology (IT) networks.

DigiSAFE is part of a suite of cyber security solutions developed by ST Engineering. Another area which the Group has an edge in, is the development of Security Operation Centres (SOC) having successfully designed, built and operated up to 13 SOC in Singapore and the region. In addition, it helped establish the design of Sri Lanka’s National SOC for the government of Sri Lanka, which was completed in December 2017.

Munich, Germany: In a move that will see a combined market value of US$75 billion, revenue of US$30 billion and 88,000 staff, German industrial gas supplier Linde’s supervisory board has agreed to a merger with US peer Praxair.

HSBC Vietnam has reported that the recently established European Union-Singapore Free Trade Agreement (EUSFTA) is the first free trade agreement (FTA) that was conducted between the EU and an ASEAN country and it signifies a significant moment for the economies of Singapore and the EU as well as Vietnam, which is currently in negotiations with Europe on a similar FTA.